Business Context and Reporting Period
Company: McKesson Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 22, 2019
Event: Amendment to Articles of Incorporation or Bylaws (Item 5.03)
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metric.
Material Changes
The Board of Directors approved amendments to the Company's By-Laws effective May 22, 2019. The primary material change is:
- Special Meeting Threshold: Article II, section 3(b) was amended to reduce the required Net Long Beneficial Ownership percentage to call a special meeting of stockholders from 25% to 15%.
- Administrative Correction: Article III was amended to correct cross-references to section 13 of that Article.
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, outlook, risk factors, contingencies, or unusual items. The document is strictly a notice of corporate governance changes.
Key Facts for Investor Verification
- Verify the full text of the amended By-Laws filed as Exhibit 3.1 to this report.
- Confirm the effective date of the reduced threshold (15%) for calling special stockholder meetings.
- Note that this filing does not impact the company's fiscal year or financial reporting periods.